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in the country. his work is not done yet. people worried about washington keeping their spending type. time for stocks now. nicole petallides is at the new york stock exchange. nicole: the dow is down about ten points. the s&p pulling back one quarter of 1%. a lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. the sector that was really lagging where the retailers. oil has been moving to the upside. there is a lot going on with that. and oil spike of two dollars. now, let's take a look at technology. we do see some of the tech stocks doing pretty well. hewlett-packard and intel have been among the real losers for the year 2012 on the dow. today, you continue to see this trend which is a little better. back to you. dagen: thank you. the senate returning to washington tomorrow. the president, as well. five days left to revert the fiscal cliff. now that plan b is that, will there be a plan c or f for failing? peter: president obama expecting to arrive in d.c. tomorrow. white house says they will let us know if there is any up
with the latest. it is not just the president returning tomorrow. >> congress is heading backed to washington tomorrow. any plan may come down to the wire. president obama spent part of his christmas greeting troops in hawaii. tonight he leaves for washington and a state of gridlock as lawmakers struggle to come to a compromise. members of the house and senate are heading back to capitol hill tomorrow. >> everybody can pull off and drink some eggnog and have some christmas cookies. >> and return to washington after john boehner failed to get enough support for a plan b that would raise taxes on those making more than a million dollars a year. >> it begin to address our nation's crippling debt. >> with the january 1 deadline quickly approaching, some are worried we could fall off. >> it would be the most colossal act of congressional irresponsibility in a long time if that happens. >> some strong words from senator lieberman. the president is expected to arrive tomorrow morning. >> how promising does is look that they will find a solution? >> we have heard president obama and speaker john boeh
of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in "the washington post." we welcome your phone calls. we will get to them in a moment. we did find another piece at politico. there you have it in the papers this morning about people being optimistic or pessimistic about things. i want to dig a little bit deeper into "the wall street journal" piece. i we will probably see some what of a flurry of activity tomorrow. if first call. what is your name and where are you calling from? i think that caller is gone. let's try the next call. caller: i am optimistic because this is a great country. we are one nation under god that. i think people ought to turn to their faith during these times because we have always needed to through hard times. host: how will this play in washington but the fiscal glove? caller: i think the republicans are going to have to give it more than the democrats. president obama is basically going to do with the people voted him in for. i think he wil
. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending hit its lowest rate since the 2008 recession. while the president said before he left for hawaii that he said he hoped the holiday would give them a chance to cool off and reach an agreement, it appears repub
they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new emphasis on members taking a larger role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what d
. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate demo
, and chip reid is in washington. >> president obama will be arriving in washington tomorrow and both houses of congress will be back in session tomorrow. that will give them just five days to put together a deal to avoid the massive automatic tax hikes and spending cuts known as the fiscal cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a
members will be here in washington tomorrow, but we'll be hearing crickets on the house floor. nbc news has learned the republican leadership has not given representatives the 48-hour notice to return to work, another sign of inaction on the fiscal cliff front. joining me now for our daily fix, mr. jonathan capehart, msnbc contributor and "washington post" editorial writer. jonathan, we're just six days away, no indication from house republicans that they are going to come back any time soon. the leadership has gone mum on that. we know there's not been communication between boehner and mcconnell, obama and boehner. are you amazed with this short amount of time to go there seems to be no sense of urgency on either side? >> am i amazed, given what we went through with the debt ceiling, no, i'm not amazed. i think there are forces here in this town that would like for us, sure people would like for there to be a deal, but going over the cliff on january 1st when there's this notion where it's not really a cliff, it's a slope, it's a curb depending who you talk to, that you can repair the
roberts. topping the agenda today president obama mays malalo to hawaii and aloha to washington, d.c. heading back and we're now six days and counting until the country sees the business end of the economic brink and taxes going up for all americans. so far, there's been no call for the house to get back to the hill. senators return to the capitol tomorrow. the question remains krks the president join congress and surf the rough political waters to get a deal in time? >> i think he's doing all he can and calving hell at the same time and there's give, give. i think it's very, very difficult, particularly after boehner's plan "b" failed. >> the key issue i think and the american people are catching on is that the problem that we have is we have a right wing political figure in the house way, way, way out of touch of what the american people are thinking. >>> there's early economic sinls that the uncertainty over the cliff may have clayed the role of scrooge this holiday season. early holiday numbers point to the worst year to year growth since 2008. >>> i think the president is stew
back to washington, d.c.? maybe for a vote. are they going to be able to? >> that's a big question and it's unknown. this is a big storm and it hasn't even had the full impact in d.c. and new york. and it's going to get a lot worse before it gets better. like you said, there's winds that are looking like 40, 50 miles an hour hitting new york soon and they're seeing tremendous delays. the good news is this isn't the kind of storm that leaves multiple feet of snow and blankets runways and ice. we don't see days and days of cancelingations like past winter storms. some of the delays that they're experiencing in the northeast are just a cascading delay from indianapolis, chicago, dallas. the brunt of the storm hasn't hit the northeast yet. >> chicago, newark, houston, but the effects are -- can be across the whole united states, right? >> that's right. it's going to hit around the evening rush in new york and then continue on for the evening. so there's already been 2400 flights that have arrived over 15 minutes late. over 1,045 minutes late. that's cascading more delays through the da
but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, fo
: bad guys get the guns. >> eric: you know who else doesn't have dots? city of chicago. washington, d.c. doesn't have dots. but finally crime, crime with guns are exploding. >> juan: that is what i said earlier. i wish they had a map with bad guys with the guns. where do the bad guys get guns? states with less gun control laws. >> kimberly: put illegally on the street because they don't want to commit a crime with a weapon registered to them. the one guy registering the gun and committing a crime with your name. we can find out. >> kimberly: you have to do ballistic. >> juan: they can close the gun show loophole. >> greg: is there really one? i tried to find it. just if you don't have a license to sell gun but you are a collector of gun you can sell a gun to eric bolling, antigun control and he doesn't have to go through a background check. that is legal. >> greg: has there been major crimes committed by pe guns that way? >> juan: i don't know. >> greg: me neither. i want to read this. a lot of celebrities have come out for gun control. jesse james hasn't, motorcycle moge with infamou
and they want want to have that happen. second of all these are deal mayors. they came to washington to get deals done. and they see the result, the goal as a deal to get past this rather than looking at the numbers. the folks on each side eve are looking at the numbers and they say the deficit would be in better shape and the economy in the long run is in better shape. they are looking long term. the deal makers in the center are looking right now and say they are scared of the political consequences and we are not quite sure how the numbers end up, the last thing we need is a rescission. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-
tonight. let the last minute panic begin of the president obama is set to fly back to washington in the next few hours to try to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fisca
heading back to washington tonight to restart the negotiations on the so-called fiscal cliff. if mr. obama and congress can not agree on a stopgap measure, automatic hikes and spending cuts will hit americans jan 1. peter doocy live in washington with more on this peter, what is the latest? >> reporter: gregg, the president said on friday he would see it this week and maybe if lawmakers went back to home districts to drink eggnog and eat cookies and sing christmas carols maybe they would be more in touch with the hardship so many americans are going to face if the fiscal cliff is not avoided. >> there is a mismatch right now between how everybody else is thinking about these problems. democrats and republicans, outside of this town and how folks are operating here and we've just got to get that aligned. >> reporter: the president's wife and daughters are going to stay in hawaii to continue vacationing. we're told the president may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boe
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vacation short and heading back to washington before we fall off of the fiscal cliff . can a deal be reached. >> a deadly winter storm unleashing snow and tornados . now thousands ever cleaning up and holiday travelers are stuck. i am tracking where the storm ised hading next. >> thank you, rick. take the gift card and hit the stores this morning. wait until "fox and friends" is over and then leave. "fox and friends" begins right now. "fox and friends". >> gretchen: good morning, i am gretchen carlson we are joined by clayton morris . rick as well . these are great guys, but clayton, because he is a tech guru of folks news and here to help all of us today. >> tech support this morning f. you have tech-related questions. send them and i will attempt to answer them all. i answered all of them. my wife said what are you doing on twitter? i said i am helping me. >> gretchen: we have big storms brewing and rick, you are aptly sitting to the right of me and you will help people get out of town. >> 30 tornados and a big one in mobile, alabama and more tornados and a blizzard. i will try
of their members back to washington for a vote. they promised they would give members 48 hours to get back hi here. the earliest is not until 2:00 or 2:30 on friday, but we are looking at a much later arrival. if they can get a deal done, they will hammer it out into new year's eve and new year's day. >> do you hope we are close to a deal? >> i'm at a loss for words. i wish i had a clue what's going on. i don't know whether we are closer to a deal. it's no indication that the two sides have done anything to bridge their differences. the president moved from 1.6 trillion to $1.2 trillion in revenue to $400,000 and shown flexibility on corporate taxes and boehner came with a plan b and can't even get the caucus to support it. i don't know where we go from here. if boehner and obama sat down, we would be able to come up with an agreement. >>> we looking at the most likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a m
. >> down in washington, d.c., there is a dark storm cloud over the capitol today. there is. look. >> i always envision her as a weather girl, but a girl has to follow her heart. just like you followed your heart to the cycle. >> aloha and welcome back from the long holiday weekend. president obama is cuts his short and set to leave hawaii tonight to head back to d.c. he will avoid one pr nightmare being on vacation while the precious moments tick away. he faces another as being a president who let the country go off the cliff. if you think that's a bad thing. the senate is back in action and the house has yet to receive a 48 hour heads up to return. john boehner said he refuses to call him back if there is no deal to vote on. he has given up hope and opting to work with senate democrats to push their bill from this past summer that extends rates on those less than $250,000. he failed to get his party behind a threshold and what are the odds this bill will pass. let's get the latest read on those not going on on capitol hill. luke, what is the latest? >> the latest is that there is aide
to washington. congress is also coming back tomorrow. there's less than one week left to avert the tax hikes and automatic cuts that go in to effect january the 1st. it looks like any deal will be a lot smaller than everyone want. >> realistically, i personally i don't think we'll get the big plan in the next six days. be great if we could . >> but this morning, bernie sanders said the blame is with the republicans. >> there's really a great deal of concern that the republican party failed to do anything. that it seems that in the house now boehner has no control over his extreme right wing faction. >>> want to bring in david nakamara and meredith shiner. david, i'll start with you. you know, the president coming back for appearance sake as some might say or, you know, when we look at what he can do tomorrow what might he have in the works here? >> richard, i think to get a look at that, look at friday scaling down the proposal. he said i want a big deal ultimately but before the new year we don't have time and probably going to work with senate -- the senate to sort of come up with a possib
today. the president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. with tax hikes looming in less than a week, he's scheduled to return to the white house tomorrow, just as a deadlocked congress reconvenes days ahead of the so-called fiscal cliff. you're just six days from feeling this. now, first hit is coming on january 1st when your take home pay will drop by 2% because of a scheduled hike in the social security payroll tax. that's just the start. income taxes are set to climb too. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is sup
. >>> also this morning president obama cutting short his vacation in hawaii, heading back to washington that. will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobil
Search Results 0 to 21 of about 22